Long Island Business Institute: Tuition & Loans

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Tuition and fees per year

$11,500

Medium

Average tuition prices at Long Island Business Institute are close to the nationwide median - around $9,300 per academic year. The additional fees at Long Island Business Institute not covered by tuition are about $2,200; this totals $11,500 annually.

The chart below shows Long Island Business Institute tuition costs and additional fees compared to the competing and nearby colleges:

Books and Supplies

The average cost of books and additional supplies required to study at Long Island Business Institute is $800 a year, which is a good bargain if compared to other colleges in New York.

FAFSA Application

FAFSA Code
2023-2024

014514

If you are planning to file your FAFSA application for Federal Student Aid, the college code for Long Island Business Institute is 014514. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides financial aid to eligible applicants. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate

12%

Medium

The government reported that the median federal student loan amount for Long Island Business Institute is approximately $5,300.

At the same time, 12.1% of the recent Long Island Business Institute graduates have failed to maintain their federal student loan repayments. This rate of loan repayment defaults (12.1%) is below average and might lead to a conclusion that Long Island Business Institute graduates have good career perspectives.